The market has been flat in the last week but is up 13% over the past year, with earnings forecast to grow by 15% annually. In this environment, selecting dividend stocks with strong yields and stable performance can be a wise strategy for investors seeking consistent returns.
(Reuters) -TD Bank was ordered by a U.S. regulator on Wednesday to pay nearly $28 million for repeatedly sharing inaccurate, negative information about its customers with credit reporting agencies, potentially tarnishing customers' credit scores. The Consumer Financial Protection Bureau said that since 2015, TD provided wrong information about personal bankruptcies, credit card delinquencies, accounts that had been closed, and accounts that it knew or suspected had been fraudulently opened. The CFPB said this "abusive" conduct took unreasonable advantage of customers' inability to monitor how the Cherry Hill, New Jersey-based lender, one of the 10 largest U.S. commercial banks, reported their credit information.
Elliott Management increased its stake in Southwest Airlines. Abdiel Capital bought more shares of cloud-computing firm Appian.